LEGAL DESCRIPTION OF PROPERTY: That part of the NE 1/4 SE 1/4 of Sec. 28-103-13, City of Spring Valley, Fillmore County, Minnesota, described as follows: Commencing at the SW corner of said NE 1/4 SE 1/4 at a 3/4" iron pipe (with a 3/8" pipe inside) and located at the reconstructed location at the original stone monument; thence N 00' 28' 33" W (assumed bearing) along the W line of said NE 1/4 SE 1/4 as based on local monuments, 200.00 ft. to a pipe and to the point of beginning of the tract of land to be herein described; thence continuing N 00' 28' 33" W along said W line (local monuments), 119.31 feet; thence N 89' 41' 02" E 136.44 ft. to the centerline of North Broadway Avenue (formerly the Spring Valley and Hamilton Territorial Road); thence S 36' 23' 15" E along said centerline, 147.61 ft.; thence S 89' 41' 02" W, 223.03 ft. to the point of beginning and containing 21,445 square ft., more or less.

Commonly known as: 512 North Broadway, Spring Valley, MN 55975

Parcel Number: 36.0063.000

COUNTY IN WHICH PROPERTY IS LOCATED: Fillmore

ORIGINAL PRINCIPAL AMOUNT OF MORTGAGE: $124,606.00

AMOUNT DUE AND CLAIMED TO BE DUE AS OF DATE OF NOTICE, INCLUDING TAXES, IF ANY, PAID BY MORTGAGEE: $123,929.23

That prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of Mortgagee complied with all notice requirements as required by statute; That no action or proceeding has been instituted at law or otherwise to recover the debt secured by said mortgage, or any part thereof;

PURSUANT to the power of sale contained in said mortgage, the above described property will be sold by the Sheriff of said county as follows:

DATE AND TIME OF SALE: October 11, 2012 at 10:00 AM

PLACE OF SALE: Fillmore County Courthouse, Main Lobby, Preston, MN

to pay the debt then secured by said Mortgage, and taxes, if any, on said premises, and the costs and disbursements, including attorneys' fees allowed by law subject to redemption within six (6) months from the date of said sale by the mortgagor(s), their personal representatives or assigns unless reduced to Five (5) weeks under MN Stat. §580.07.

TIME AND DATE TO VACATE PROPERTY: If the real estate is an owner-occupied, single-family dwelling, unless otherwise provided by law, the date on or before which the mortgagor(s) must vacate the property if the mortgage is not reinstated under section 580.30 or the property is not redeemed under section 580.23 is 11:59 p.m. on __April 11, 2013__, unless the redemption period is reduced to 5 weeks under MN Stat. Secs. 580.07 or 582.032.

MORTGAGOR(S) RELEASED FROM FINANCIAL OBLIGATION ON MORTGAGE: None

"THE TIME ALLOWED BY LAW FOR REDEMPTION BY THE MORTGAGOR, THE MORTGAGOR'S PERSONAL REPRESENTATIVES OR ASSIGNS, MAY BE REDUCED TO FIVE WEEKS IF A JUDICIAL ORDER IS ENTERED UNDER MINNESOTA STATUTES, SECTION 582.032, DETERMINING, AMONG OTHER THINGS, THAT THE MORTGAGED PREMISES ARE IMPROVED WITH A RESIDENTIAL DWELLING OF LESS THAN FIVE UNITS, ARE NOT PROPERTY USED IN AGRICULTURAL PRODUCTION, AND ARE ABANDONED."

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